Latest News:  
Beijing   Sunny    29 / 17 ℃  City Forecast

English>>China Business

China Mobile to promote mobile Web business

By Shen Jingting  (China Daily)

13:33, August 22, 2012

China Mobile Ltd's booth at the PT/EXPO COMM trade show in Beijing in September 2011. (Photo/ China Daily)

China Mobile Ltd, the world's biggest wireless operator by subscriber numbers, hopes to improve its sluggish performance by actively promoting its mobile Internet business, as it posted the slowest profit growth in a decade.

Xi Guohua, China Mobile's chairman, said that as more people surf the Web on mobile phones, wireless data traffic has become an important driver of revenue growth.

"Mobile Internet development creates opportunities for mobile carriers," Xi said at the 2012 International Mobile Internet Conference, which was held in Beijing on Tuesday.

To gain an edge in the mobile Internet era, China Mobile implemented a development strategy with the combination of "a smart pipe, open platforms, featured businesses and an integrated interface", Xi said.

The open platforms mainly refer to Mobile Market - the world's largest Chinese language application store set up by the company. In May, the app store had more than 1 million selected apps and more than 200 million registered users.

The company will also launch a variety of services including mobile music, mobile books and mobile payment systems.

Shen Hongqun, deputy general manager of the data business department at China Mobile, said during the same event that the company also plans to launch the Mcloud service, a cloud storage service similar to Apple Inc's iCloud, to Chinese users by the end of the year.

China Mobile, which has signed up close to seven out of every 10 of China's 1 billion mobile phone users, is experiencing the slowest profit growth in a decade due to intensified competition. Only about 10 percent of the company's users subscribed to higher-revenue 3G network services, a much smaller proportion than that of its domestic rivals.

【1】 【2】



News we recommend:
Prices fly for Angry Birds' merchandise Wine imports give Chinese firms a hangover Spirited into the world of e-commerce
E-shopping fuels domestic consumption China's firms bigger but not necessarily better China's beauty industry profits from a makeover
Taxing times for China's tax reformers  Experts divided on yuan’s future [Audio]Soccer in China Part III: The Business Side

Email|Print|Comments(Editor:李倩、厉振羽)

Leave your comment0 comments

  1. Name

  

Selections for you


  1. Air-landing drill in desert

  2. Uncover the secret of gold bars production

  3. Right move in VAT direction

  4. Dancing competition held in E. China

  5. 24 Of The Hottest Body Paint

  6. How to marry a billionaire

Most Popular

Opinions

  1. More representative delegates
  2. Do ratings agencies buoy Italy's optimism?
  3. Right move in VAT direction
  4. EU, China extend hands of friendship
  5. Editorial: Rules for stock market
  6. U.S.-S. Korea drills harmful to regional stability
  7. Wake-up call for industry
  8. Is Romney trounced, or has more tricks?
  9. Commentary: Meet the new consumers
  10. Medicare row escalates with Romney's VP pick

What's happening in China

Shanghai exposes professional beggars

  1. Real estate financier held on fraud charges
  2. Chinese continue to seek residency overseas
  3. Controversial Hunan fine policy may be scrapped
  4. Army worm outbreak brought under control
  5. Rainstorms batter southern China, killing 2

China Features

  1. Classic routes for domestic self-driving tours
  2. Billionaires' marriage-seeking attracts women
  3. Top three nourishing foods in autumn
  4. Experts divided on yuan's future
  5. Unforgettable records of London Olympic Games

PD Online Data

  1. Spring Festival
  2. Chinese ethnic odyssey
  3. Yangge in Shaanxi
  4. Gaoqiao in Northern China
  5. The drum dance in Ansai